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Sahara to build India Centre in UK

Lucknow-based diversified conglomerate Sahara Group has decided to build an India Centre in Olympic University.

In a first-of-its-kind initiative between a university and a business house, the media-to-real estate group, which also co-owns a Formula One team, will build the India Centre over four acres in East London, said a person familiar with the development.

“The matter was discussed and shaped during a meeting between Sahara Group chairman Subrata Roy and UK Prime Minister David Cameron in London,” said the source quoted earlier, adding that the British Prime Minister welcomed the move and stated that it would be the only kind of its endeavour anywhere in the world.

Roy and Cameron are said to have discussed various business opportunities for his group in the UK. Roy’s proposal for creating a think tank within UK to explore unique and hidden business opportunities and portray it to the world was deeply appreciated by the Prime Minister with a promise to support the initiative, said a Sahara statement on Sunday evening.

The statement added that the initiative would also lead in creating a roundtable think tank platform in India as well. .